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Industrial Blockchain Market is Set To Fly High in Years to Come | Infosys, Applied Blockchain, Microsoft, SAP, Intel

Insights on the Blockchain in Manufacturing Global Market to 2026 – Asia-Pacific is Expected to Dominate the Market – ResearchAndMarkets com

Electronics and Semiconductor Vertical is Expected to Account for the Largest Market Share Electronics and semiconductor manufacturers are facing a number of quality, logistics, and supply chain challenges in the industry. Poor quality and counterfeiting to inefficient processes and a lack of trust in production are driving the demand for advanced solutions in the sector. With complex manufacturing processes, the demand for parts and material integrity within the supply chain needs to be enhanced in order to reduce the lead time and lower the production cost. In each stage of electronics and semiconductor manufacturing, blockchain could be applied in a variety of use cases to expedite processes and overcome the security issues.

Insights on the Blockchain in Manufacturing Global Market to 2026 - Asia-Pacific is Expected to Dominate the Market

Press release content from Business Wire. The AP news staff was not involved in its creation. Insights on the Blockchain in Manufacturing Global Market to 2026 - Asia-Pacific is Expected to Dominate the Market - ResearchAndMarkets.com February 5, 2021 GMT DUBLIN (BUSINESS WIRE) Feb 5, 2021 The global spending on the blockchain by the manufacturing sector was valued at USD 546.53 million in 2020, and it is expected to reach a value of USD 16,243.22 million by 2026, registering a CAGR of 76.26% over the forecast period 2021 -2026. ADVERTISEMENT Electronics and Semiconductor Vertical is Expected to Account for the Largest Market Share Electronics and semiconductor manufacturers are facing a number of quality, logistics, and supply chain challenges in the industry. Poor quality and counterfeiting to inefficient processes and a lack of trust in production are driving the demand for advanced solutions in the sector.

$9 25+ Billion Blockchain in Manufacturing Market - Global Growth, Trends, and Forecasts to 2025

$9 25+ Billion Blockchain in Manufacturing Market - Global Growth, Trends, and Forecasts to 2025
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